Bank account closed: The new guidelines of the Reserve Bank of India (RBI) (RBI Guidelines for Bank Account Closure) are going to start from January 1, 2025. First of all, let us tell you that the timing of all government banks in Madhya Pradesh is going to be the same.
According to the decision taken by the State Level Banking Coordination Committee, now the office hours of all government banks in Madhya Pradesh will be from 10:00 am to 5:00 pm.
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All the work related to customer transactions will be done from 10:00 am to 4:00 pm only. On the other hand, the process of closing long-dormant accounts in banks is also being started from January 1, 2025 as per the RBI guidelines.
3 categories of accounts will be closed
According to the guidelines, all types of inactive bank accounts will be closed. These include accounts in which there has been no transaction for two years. These include inactive and zero balance category accounts. If your bank account falls under these 3 categories, then your account will be closed.
You should contact your branch as soon as possible and get your bank account activated by completing the KYC process, otherwise your inactive bank account may be closed.
All the work related to customer transactions will be done from 10:00 am to 4:00 pm only. On the other hand, the process of closing long-dormant accounts in banks is also being started from January 1, 2025 as per the RBI guidelines.
3 categories of accounts will be closed
According to the guidelines, all types of inactive bank accounts will be closed. These include accounts in which there has been no transaction for two years. These include inactive and zero balance category accounts. If your bank account falls under these 3 categories, then your account will be closed.
You should contact your branch as soon as possible and get your bank account activated by completing the KYC process, otherwise your inactive bank account may be closed.
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